Terms & Definitions:

Glossary

30-Day SEC Yield

The 30-Day Yield represents net investment income earned by the Fund over the 30-Day period ended on the date indicated by the Yield, expressed as an annual percentage rate based on the Fund’s share price at the end of the 30-Day period. The 30-Day unsubsidized SEC Yield does not reflect any fee waivers/reimbursements/limits in effect. 

ESG

Environmental, social, and governance (ESG) investing refers to a set of standards for a company’s behavior used by socially conscious investors to filter potential investments.

Net Asset Value (NAV)​

The “market value” of all a company’s assets, including but not limited to its properties, after subtracting the “market value” of all its liabilities and obligations.

NOI

Net operating income (NOI) is a calculation used to measure the profitability of income-generating real estate investments. NOI equals all revenue from the property, minus all reasonably necessary operating expenses.

S&P 500 Index​

The S&P 500 Index is a market ​capitalization-weighted index of the 500 largest U.S. publicly traded companies.